<p>but if im planning on living in southern california, and i defintely don't want to live in new york as was mentioned earlier, would Yale still be more helpful than USC? and would it be helpful enough that it is worth the debt versus a free ride at USC?</p>
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but if im planning on living in southern california, and i defintely don't want to live in new york as was mentioned earlier, would Yale still be more helpful than USC? and would it be helpful enough that it is worth the debt versus a free ride at USC?
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What exactly do you want to do after you graduate? If you want BB IB or big 3 consulting, your MUCH better off going off to Yale. If you want to do anything else (and your 100% sure you don't want the careers I mentioned) you should go to USC. It's not like your comparing Yale w/Imanidiot U; USC is a fine school that's increasing in rankings and building a better reputation each year, not to forget the Trojan Network which, from what I hear, is amazing in SoCal.</p>
<p>Sorry this probably seems like a stupid question... but is it possible to do IB in LA? I was never really sure...
i'm not 100% sure what i want to do after college... so i guess that doesn't help :/</p>
<p>USC has very good contacts within LA in virtually all industries. You can do IB in LA - however, if you are even thinking about IB then Yale is a far superior option.</p>
<p>Yale is still not going to guarantee that he will quote "make loads when he comes out", lol
Some people on this board are so naive and stupid.</p>
<p>But back to the question at hand, you should pick Yale simply because there's a good chance that a horrid case of what-if's will plague you if you don't.</p>
<p>Yale is by far the better choice. What happens if you change your mind one year into college and you decide that you want to live/work on the east coast? Even if you still want to stay in cali after you graduate, a degree from yale will let you do that. The yale degree will take you further--no matter where you want to go.</p>
<p>Yes, Yale has the better name. The question is, 'whether it is worth borrowing 60K more for that name, not to mention a lot more due to inflationary costs?" Frankly, I would suggest that it isn't. If you have a LOT of student debt when you graduate and then incur more debt for grad/professional school, you will REALLY regret it. I don't think that kids understand this till its too late. Having no debt opens up a lot of options for you that you wouldn't have with lots of debt. </p>
<p>I STRONGLY advise you to check out the thread, " Should you incur substantial debt for that dream school," which is found as a featured thread at the top of the Parent's forum. It will REALLY open your eyes.</p>
<p>Ya, i have been reading that thread too haha. It is hard because there is no guarantee that my income will be that much higher comin out of Yale than it would be coming out of USC, so there is no guarantee that the huge debt is worth it. Does anyone know the average salary coming out of boht schools?</p>
<p>40K isn't that much debt, and Yale isn't only the better name, its the better education. not only will your professors and the resources at Yale be infinitely better, your piers will add value to your education as well. The only advantage (in your case) that USC offers is that its cheaper and you like the location. But the Yale education is better, the name is better, the classmates are better, the job prospects will be better (for IB, and for any other industry--yes, even film) and you will always kick yourself for not having gone to Yale. You never know what the future holds, and Yale will open more doors for you than USC ever will. </p>
<p>As for avg salary:
for USC finance majors: 40,117 (<a href="http://www.sc.edu/career/Pdf/SalarySurvey.pdf%5B/url%5D">http://www.sc.edu/career/Pdf/SalarySurvey.pdf</a>)</p>
<p>for Yale: the avg graduate from the university is 40K.</p>
<p>You should look at the Yale number knowing that it includes all undergraduate majors. I would assume that Yale econ majors make substantially more than that, but to give you and idea if you were to land a job in IB, at a BB your salary would be around 60K + bonus of around 40K-50K. Other finance jobs will have the same salary with smaller bonuses.</p>
<p>Houlihan Lokey (middle market ibank), UBS, and CS are big in LA. Especially UBS LA.</p>
<p>would i be able to get jobs at any of thsoe coming from USC?</p>
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i'm not 100% sure what i want to do after college... so i guess that doesn't help :/
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<p>If I wasn't sure, and wanted to settle in So. Cal, I would definitely take the free ride. Yale will give you better opportunities in your first or second jobs, not after that. In the long run, you will be defined in whatever career you choose more so by what you do in YOUR CAREER and less so where you went to school after your first couple of jobs. With that said, USC has a tremendous reputation in So. Cal. and if one of your goals is to get an MBA from a prestigous school, I don't see how going to USC would hinder that, it's a top 30 school for heaven sakes. Plus, as pointed out, you'll have that 60 grand or so that you otherwise wouldn't have had to "maneuver" with when choosing a school to get your MBA. </p>
<p>And as already pointed out, it's ridiculous to assume you'll be making gobbs of money coming out of Yale. That is largely dependent on your determination and focus. How focused are you going to be if you don't even know what you want to do after school? </p>
<p>If you were in a situation where cost wasn't as much of an issue (if you came from a rich family or won the lotto for instance), I would definitely say go to Yale. But you seem concerned about incurring that amount of debt so you have to ask yourself if going to Yale, with all these considerations, is worth that amount of debt. If it is, definitely go to Yale. If not, go to USC. It's all about your comfort level.</p>
<p>If you go to Yale for 4 years, and the become an analyst at an IBank you'll have no social life until you're about 35 years old, with kids, living in the suburbs.</p>
<p>^^that is of course, assuming that you won't get your MBA after 2 or 3 years (like many do) and that you won't take advantage of the plethora of exit opps (PE, Hedge Funds, VC etc.) that a job in IBD offers.</p>
<p>Gonsenheim, you just linked the U of South Carolina career center for salary information. "USC" is NOT University of South Carolina. </p>
<p>Second, plenty of the top Marshall students break into Investment Banking (or PE, Hedge Funds, Real Estate, etc...), especially in LA and San Francisco. If the OP wanted to work on the east coast, i would suggest Yale (even w/ the debt). However, USC provides amazing connections in CA. USC has an extremely strong alumni network, which can be extremely beneficial to undergraduates for securing internships and full time jobs in SoCal.</p>
<p>imsilly, if you are smart enough to get into Yale and do well in USC (even against the Marshall curve), I'm sure you'll have great opportunities out of USC as well. Although I personally would choose Yale, USC won't limit your potential.</p>
<p>ya just saw that. Doesn't really make a difference though, Yale is by far the better school. Going to USC would not be the intelligent choice here.</p>
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Going to USC would not be the intelligent choice here.
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<p>There are pros and cons to either decision. To what extent, based on the factors presented, is the OP willing to incur such a debt? That's the primary question here. It's not about which choice is intelligent or not. That's a rather simplistic and self-centered way of looking at it.</p>
<p>self-centered?</p>
<p>Yes........</p>